As a Microsoft Dynamics user, you’re likely aware of the upcoming price increase for Dynamics 365 licenses, effective October 1, 2024. This global adjustment impacts all customer segments and represents a significant cost change for businesses of all sizes.
While the price increase is necessary to fund ongoing development and innovation for the Dynamics 365 platform, it’s crucial to take action now to minimize its impact on your organization’s budget.
While the news might seem daunting, there are steps you can take to minimize the impact on your budget.
Understanding the Price Increase
The upcoming price increase is a global adjustment by Microsoft to reflect ongoing investment in the Dynamics 365 platform. This investment brings new features, functionalities, and improved performance to Dynamics 365.
What Products Are Affected?
The price increase applies to all Dynamics 365 licenses, including:
- Dynamics 365 Sales Enterprise
- Dynamics 365 Customer Service Enterprise
- Dynamics 365 Field Service
- Dynamics 365 Marketing
- Dynamics 365 Project Service Automation
- Dynamics 365 Business Central
- And other Dynamics 365 applications
The Percentage Increase
The exact percentage increase varies depending on the specific Dynamics 365 product and license type. However, you can expect an average increase of 10% across the board.
Taking Action to Save Money
Here are some steps you can take to minimize the impact of the price increase:
1. Renew Your License Before October 1st: By renewing your Dynamics 365 license before October 1st, you can lock in your current pricing and avoid the upcoming increase.
2. Review Your Dynamics 365 Usage: Identify any underutilized licenses or features you can eliminate. This can help reduce your overall licensing costs.
3. Explore Alternative Licensing Options: Consider alternative licensing options like per-user or per-feature licensing, which might better suit your specific needs.
4. Work with a Microsoft Dynamics Partner: A qualified Microsoft Dynamics partner like Mint can help you assess your current environment, identify cost-saving opportunities, and negotiate favourable pricing terms with Microsoft.
Mint Group: Your Partner in Dynamics 365 Optimization
As a Microsoft Dynamics Inner Circle Partner, Mint is uniquely positioned to help you navigate the upcoming price increase and optimize your Dynamics 365 investment. Our team of experts has extensive experience in helping businesses save money on licensing costs.
Here’s what Mint can do for you:
1. Dynamics 365 License Audit: We can assess your current Dynamics 365 environment and identify any underutilized licenses or features.
2. Cost-Saving Recommendations: Based on our audit, we’ll recommend strategies to reduce your licensing costs.
3. Negotiation Assistance: We can leverage our partnership with Microsoft to negotiate favourable pricing terms on your behalf.
4. Implementation and Support: We can help you implement any changes to your Dynamics 365 environment and provide ongoing support.
Don’t Wait Until October 1st
The October 1st deadline is fast approaching. By taking action now, you can lock in your current pricing and ensure a smooth transition into the future.
In addition to the above tips, remember that Microsoft Dynamics 365 Business Central remains unaffected by the price increase. This is a good opportunity to consider migrating to Business Central if it aligns with your business needs.
